The URL can be used to link to this page

Home My WebLink About2277 3. To place and continuously keep on the bui'd~ngs now or hereaite~ ~~~uate on sa~d land and on a~i equ~p~2ient and pcrsonally covered by this mor~g- ege, with all p~emiums ~hereor~ pa~d in futl, hre ~nsurance ~n ~he u~uai sranderd poi~cy iorm, in s s~m app~o~ed by tAe MORiGAGFE, and w~ndstorm in~urancs in the usual s~andard pot:ty iorm, in a sum approved by tha MORTGAGEE, in tuch company or cornpan:es as iha MORiGAGEE may dirtt~; e~d all iire and w~ndsw~m insurance poGc~es w? any of 3a~d bu~id~ngs, any inte~e~t therein or pa+~ thereof, in the aggreqare s~m •foresaid or in excess thereof, shail conta~n tAe usuat srandard morrqagee clause or such o~Fxr cl~use as the Mo~~yagee may ~eyu~rs, ma4ing the ~oss undr~ sa~d poli- ues, each and eve~y, payab!e to sa~d h~ORiGAGEE as ~ts interest may appea?, and each a~d every s~ch poi~cy shall be promp~ly ass gned a~d de~iv~red +o any held by sa~d MORTGAGEE ae further security ~o se~d mortgage debt, and, not ieu ~han ten (101 days in ad~a~fce of fhe expiration o~ each pol~cy, to do- livei to uid MORTGAGEE a ronewal ther~of, toge~her with i rece~pt for Ihe prem~um of such renewai; and there shail be no f~re or windsto~~n inw~ance placed on a~y oi said bui!d~ngs, any interc~t thercin w part the~eot, unlesa i~ tF+e form and w~~h the iosa payabte as a(oresaid; ~nd in the event any sum of mooey bccpme= payabie under s~ch palicy p pol;c;es said MORTGAGEE shall have thp op+~on to receive and appty the same o~ account of ti,e indrbtrd- ness secured hereby w to permit sai~ MORTGAGORS to receive and use it p any pa~t the:eof ior otnc~ pur~,oses, r..~ho~t ~h~nu~ .~a~~i.,g or ~n~p,:ir- ing any equity, lien p~ right unde~ w by virtue of this mo:•yage; ~nd in the event sa~d MORTGA(',pRS shnll fa any reason fail to krep the sa~d premisrf so insured, w fail to deliver pramptly any of said pol~c~es of insurance to sa~d MOR~GAGEE, or fai: prompfly to ~pay lulty any pre~»i~m fheretor a in any respect fail to perform, d~scharge, execute, effect, comp~ete, comp{y with and abidp by thi~ covenant, or any part hareof, sald MURTGAGEE may plsce a~~d pay for such imurante or any par! lhercof w~thoul waiving a affeding any option, l~en, equ~ty, or right under or by virt~e ot this Mortgage, and tht full amount of each and eve~y such paymenl shatl be emmediately due and payable and ahall bear interest from the date thereof umi( paid at the rate of mne pa+ canwm per annum and to~ether with such inrerest shali tk s~~wted by the lien of this mortgage. To permit, commit or suf(e~ no waste, impai~mrnt or deterioration of sa~d property or any part thereof. S. To pay atl and singular the costs, chargcs and expenses, ~nctuding n reasonable attorney's fee and costs o4 abstracts of titte, incurred or pa~d sf • any ~ime by sa~d MORTGAG:E, because w in the evenf of the fa~lure on the part of ~he sa~d MORTGAGOR ~o duly, promptly and fv;Iy perto~m, d~xharge. execute, e(fect, comptere, wmpfy woh and ab:de by each and every tl~e s?ipulaiions, agreements, conditions, snd covenants of sa~d prom~ssory note and ~his n,ortgage any o~ either, and sa~d costs, char9es and expenses, each and every, thall be immed~ately due and payabte; whesher or not ~here be nor~ce dr mand, attempt to co~lect a suit pend~ng; and the full amoum of each and lVNy such payme~t sh,~ll bear interest frwn ~he dare tlxreof unril pa~d at the r,;te of n~ae per censvm p~r annu:n; and all said custs, charges and expenses incurred w paid, together w.th suc6 imerest, shall be secured by the lien o~ th~t mortgage. 6. il+at (a) in the event of any breach of this Mwtgage w defautt on ~F,e part of the MOR7GAGOR, or (b) i~ tF~e event any of sa~d sums oi money herein ~eferred ~o be not promptly and fully paid wi~hin thirty t301 days next a'ter the same severatly becane due and payable, w~~hou1 demand or notite,' or (c) in the evem each and every 1he stipu:a~ions, agreements, cond~r~ons and covenants of sa:d promissory note and th~s mortgage any or e~~ber are not iu;y, promptly and futly pe~fwmed, d~scharged, executed, elfecred, complered, cempl~ed with and abided `ay, then in e~ther or any s~ch event the sa~d ag gregate sum mennoned in said promissory note lhen remaining unpaid, with interest accrued, a~~d all moneys secured hereby, shatl become d~e and pay~ rbie forthwith, a thereafter, at the option of said MORTGAGEE, as fulty and compfe~efy as if alf of the said sums of money were or;ginally st~puta~ed ~ to be pa~d on such day, any~hing i7~ aa~ pro:nlssory note or in th~s Mortgage to the comra.y notwithstanding; and thereupon w thereafter a~ ~he opnun of sa~d MORTGAGEE, without notice or demand, suit at law or in equ~ty, the~efort or thereafter begun, m~y be prosecuted as if aIl moneys secured hereby nad matured pnor to its instirution. • 7. Thet en the event that at the beginn;ng oF or at any time pending any suit upon th~s Mo.tgage. w to ~aeclose it, or to reform it, or to enforce payment of any claims hereunder, said IAORTGAGEE shatl apply to the Court having junsd~aion thereof for the appo~otment of a Recelver, such Coun shait forthwith appoint a receiver of zaid mortgaged property all and singula~, includ~ng a!1 a~d s~ngular ~F~e income, p~of~~s, issues and revenues from ;vhatever source derived, each and every of wh~ch, it being expressly understood, is hereby mortgaged as if speciiicaily ul forth and destribed in the granting and habendum clauses herzof, and such Receiver sha11 have al! the b~oad and efiective tunct~ons and powers in ar.ywise enerusted by a Court to a Reteiver, and s,;ch appointment shall be made by such Court as an admitted equity and a ma~ter of absolute right to sa~d MJRTGAGEE, and without reference to the adequacy w inadequacy of the value of the property mw~gaged or to the sntvency or insolvency o( sald MORTGAGOR or the defendams, and ~hat such ? renrs, profits, income, issues and revenues shal! be appl~ed by such Receive~ accordmg to the lien or equity ol said MORTGAGEE and the p~adice of such Court. ~ 8. To duly, promptly and fully perform, discharge, exec~te, effect, complete, comply w~~h and abide by each and every the stipulations, agreements, :onditions and covenanfs in sa,d promisswy note and this martga~e set farh., 9. Thar in fhe evertt th= ownership of the mongaged prem;ses, w any par? thereof, betomes vested in a person other than the MORTGAGOR, the N JRTGAGEE, its successors and ass~gns, may, w~~hout notice to the MORTGAOR, deal with s~ch succeuor a successor in interest wi~h refe~ence to this mo: tgage and the deot hereby secur~ in the same manner as with Mortgagor w~thoot in any way v:t;ating or d~scharg;ng the Mwfgagois' liability herr ~ under or upon the debt hereby securecl. No sa!z of tt~e premises heleby mo~tgaged and no forbearan~e on IV~e par~ of the ~110RTGAGEE w its succeswrs oi assigns and no extens~on of the time ior the paymem of the deb~ hereby secured given by the MORTGAGEE or its successors or auigns, atiaN operate ro re~ease, dixharg~, mod;ty change or affect tbe orig;na! Iiab~Gty of the MOR7GAGOR herein, either in whole or in part. 10. If is speufically agreed fhat ume ~s of the essence of th~s contract and that no waiver of any obfgar~on hereunder or of the obligation s~ c~red hereby ahali at any time thereafser be held to be a waiver of the terma hereoi or oi 1he instrument secured herby. 11. In add:t~o~ to thr forego ng monrhfy paymems of princ pal and interesr requ~red by the p~om~ssory note sewred hereb~, mo.tgagar covenants 3~~a ag.ees ?o pay ~o mongagee w~th each mon!hiy payrnent an ad3~~ional wm estlmated by mortgagee to be equal to 1,' 12 of the an~iual cost of the follow- , ~3: A-All real property taxes lev~ed or assessed ag3i~st ~hc above described real esrate. - B-Prem,iums on f~re and windvorm i.+surar.ce as kere~n .equ:red to be carried on the :mproveme~rs situare on the above desuibed premises. : C-Premiums on SLC~I morJgage gvaranty insurar.ce as morrgagee shail from t me to ume deem fit to carry on the loan sec~red hereby. F Mortgagee shall from t~:ne to ~~me notify mongagor ~n writ~ng of the amou~t dve ar.d pay~bt8~ hereun ~t and such sum shall therevpon be due and c~yable on the due :iate of the next monthiy payment and each svccessive month rhereafter,rr~.tit mortgage shalt notify mo ag of a change in such a r.ount. Such wms sl~a:l be ap~iied by mortgag~e towa~d the payment of real ~roperty ta~s, insurente em:u and ongage~ guaranfy insurance p~em~ums. , \ . \ IN WITNE~S WHfRfOF, tF~e said MORTGAGOR has hereunto set his hand and seal the da and first af e'd. ~ Signed. Saaled~and deli ed in tl?e pr~amce of: - ; . itnesses as to a~~ / - Robert J. Cateaaci Robert .1. C~ten ~s~si? r' Witnesses as to " ^ ~~a~~ ~ j~~~ f( Diane S. Catenaci sT LUCI Tl~f Catenaci ~~aq STA7E OF FLORIDA aOCE~ PO'T ~ ss. RECOF.~ YE4t;F Ej ~OURT , couNrr of _ ~St, Lucie 2S76'7 • 1 ~ ~ ~ ~ Befwe me personaily appeared Robert J. Catenaei 34 PM 73 -+'3-r-.; - ~1/COStll, to me well known and t p ~ v 4 f'tA ~e t~`' , t r he i n d;vi duat~ descri b e d in an d w h o executed the foregoing instrurrunt, and acknowledged before me that ~he) executed the ~~c~ ~ih~ pur~~-~ therein expresud. lOfd~~! • f'~s~,y:- , ~#caF.~vid ' ~ ~ . ~4~cal~asgie~~~l~d~lc a~~o~-.-adaa?41~t1~olba~fsts~ads~~t~ta~isas~~ ?~htydis~!!~l~eeCtss~sdiets~t~riietsaa~ve~ar~aee# ' +~si _ IL ' ~ WiTNESS my hand and o[ficial seal this 2~.St day of T1e fJ,~p ,Lq`~?_~; = i~ c~ `V ~ . - . SiATE OF P~ H J " tary Publit in and for ~ ~~=~~10 c My Comm~ssion expires: ~N~A at LARGE OCea~f i SS• N1r CpUt~!lSSI~r1 ~EXkipr: n-r 1975 ~OUNTY OF ~onCCd ihru Genc:al ~;s;.:3r.te~~t~atr.~LLwra Befwe me personally appeared Diane S.Catenaei ~ t ~ ' #IC~I(!, to me wefl known and knovye~t~ md ~d.~s~`• !he individuay described in and whe executed the foregoing instrument, and acknvn,ieuyr~; .~,e`o;e ;~,:s~?•~• ••~•~twi ~he aarne'{or•1Re pd;~'~j ~+"7 . ~ . rherein expressed. And the said Diane Cdt@AaCI- Robert J. Catenaci ' ~ r.~fe of the said upon a ret,6 dnfi dr~vate I. - exam~nat~on by me taken separate and apart f~om hsr said husband, atknowledged to and before me that she executPd said instrument reelw and vofyA- , farily and without any compu~sion, constraint, apprehens[on, fear of or from her said husband. " . - ;k WITNESS my hand and offkial seal this_ ZZ day or ~ June -'t 'A+ ~~~~~3 ; This instznaent prepared bq ~-lc,• ~ l.- cs,.,?' . - .~OZ1I1 CO11~115 ~ Notary Pubtic in and (or the State of~'L F1LSt F@t~@Zi 1~8vings and I,oan Assoeiation MY Comm~ssion expires: ' Retvrn ~o: . . Finf federal Savings E~ loan Associat~on Of Fozt Piezee ROSE McW. SHAW O( iort V.erce. ~ Rr ~,j ~ r~~r~ lIOTARY PUBLIt~ OF NFW Y ~ _w forr ~i.~~CP. flOrid3 O~U. ~ r~{:_ IrI ~~r ~A CommissionE~c i~~llun~2.l i~f~- ~J ~,x - ~ ' - ' ; i - - - - ~ ~ ~~~.~~~~~-~~a+._~ ~~s~ -